Monarch Cement (OTCMKTS:MCEM) Hits New 1-Year High at $193.50

The Monarch Cement Company (OTCMKTS:MCEMGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $193.50 and last traded at $193.50, with a volume of 315 shares changing hands. The stock had previously closed at $193.50.

Monarch Cement Price Performance

The stock has a market cap of $723.28 million, a price-to-earnings ratio of 9.84 and a beta of 0.53. The firm has a fifty day moving average of $185.20 and a 200 day moving average of $167.07.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last posted its earnings results on Friday, March 15th. The construction company reported $6.31 earnings per share (EPS) for the quarter. The company had revenue of $68.12 million during the quarter. Monarch Cement had a return on equity of 23.28% and a net margin of 28.05%.

Monarch Cement Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Tuesday, May 7th will be given a dividend of $0.75 per share. The ex-dividend date is Monday, May 6th. This represents a $3.00 annualized dividend and a dividend yield of 1.53%. Monarch Cement’s dividend payout ratio is currently 15.06%.

About Monarch Cement

(Get Free Report)

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies.

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